posted
if he has to pay the firestone debts with stock at 0002 he would need to give them 17.3 billion at 0001 it would be 34+ billion plus the 15 - 20 billion he already had plans for when he raised the A/S to 60 billion would obligate him to nearly 100 billion. just a thought. oh ya, this sucks!!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by Farley: Confirmed: I just called and 12/19/05 100 billion AS.
Argh.
I can also confirn that as I had the same conversation with WA State less than 5 mins ago
11/2005 increased to 60 bil 12/19/05 application to increase to 100bil
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
If they win the lawsuit against Firestone, I would imagine the outstanding shares will stay at 44 bil.
Also, wouldn't Frank be asking for another lawsuit if he raised the outstanding share total without a vote of the common shareholders? He stated during the conference call there would be only one reason he would raise the O/S, and he said it would only come at the vote of the common shareholders, during which he would NOT vote himself. This sounds like an oral contract to me.
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :) Posts: 621 | Registered: Jun 2005
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posted
I think i'll join that christian coalition thing. There just might be something to it. I don't know what Q thinks people are? They think everything is just something to screw apparently.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Wow! can't wait to see someone spin 100,000,000,000 shrs as a positive...
Didn't someone say I couldn't read Frank as nothing but a Carnival Huckster...Just by his looks..LMAO
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Any thoughts on what will happen in the lawsuit, since we've all had a few days to soak it in and think about it? Will Q win, lose, or will the court rule somewhere in between?
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :) Posts: 621 | Registered: Jun 2005
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posted
Good point. If he issues those shares we're probably done anyway.
quote:Originally posted by polo1110: If they win the lawsuit against Firestone, I would imagine the outstanding shares will stay at 44 bil.
Also, wouldn't Frank be asking for another lawsuit if he raised the outstanding share total without a vote of the common shareholders? He stated during the conference call there would be only one reason he would raise the O/S, and he said it would only come at the vote of the common shareholders, during which he would NOT vote himself. This sounds like an oral contract to me.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote:Originally posted by imakmony2005: ok, people take this at face value frank called me and two ether shareholders this morning, were going in on the start of next month to go over all the books, audit,ect but he did say this info might be out by then. so a pop are drop maybe coming.IMHO
Thanks Monkey! I wish I could get out there to go with you!
-------------------- I just want to make enough money to be eccentric. Posts: 2412 | From: Atlanta | Registered: Aug 2005
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posted
If Q loses a suit they can appeal can't they. No need to jerk us around so quickly.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
This was probabaly done to prepare for a worst-case scenario. However, even if they win, Frank will still probably use those shares to close more deals.
Posts: 369 | Registered: Dec 2005
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posted
I will still wait until the Gay Games, but if this ends badly, I will be with anyone who wants to start a movement to crush Frank's dreams and see him serving some well deserved jail time (not that that will even be considered "punishment" to him).
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :) Posts: 621 | Registered: Jun 2005
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posted
not only is this disturbing to have 100mm shares, but now we have to see add'l rounds of dumping on the horizon. Unless franky HIGHLY anticipates add'l buyers for the market. Right now who in their right mind would buy with this information and nothing but a slide in price over the past year like this. (I do smell greed on Franks part though. No longer does it seem to be 'dream fulfilling')
-------------------- One Lucky SOB Posts: 74 | From: Lacey Twp, NJ | Registered: Aug 2005
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I don't know if I'm more pissed about the dump or that fact that, even with 100 mill I couldn't get filled at .0002
Posts: 369 | Registered: Dec 2005
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imakmony2005
unregistered
posted
Now this is just an application? Thats one thing, now we need to no why he might be giving them to DISH ARE COMCAST who knows, I will on the 5th, doc may have to drag me out of there before i get ahold of frank.
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posted
So now if it's still in the request phase, can the stockholders petition the state of Washington to deny the request?
Posts: 369 | Registered: Dec 2005
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-------------------- NO REWARD....UNLESS THE RISK IS TAKIN'--- JAY-Z Posts: 409 | From: THE CITY THE CONTROLS THE WORLD.............THATZ RIGHT NEW YORK | Registered: Dec 2005
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posted
Well, yall already received the news, but here's something funny from the guy I've emailed with over in WA:
"We have not seen another amendment yet. This one was filed November 7, 2005. Based on their history of filing amendments and increasing the capital stock it's just a matter of time."
He quickly followed with another email though:
"I guess I was too quick. I just checked with our front counter and indeed, they just filed the 100 Billion amendment"
This is totally rediculous. Do you think you guys can get an answer about this when you visit Frank in Jan?
quote:Originally posted by Esteban99: So now if it's still in the request phase, can the stockholders petition the state of Washington to deny the request?
Rather than increase the A/S, TMM should be forced to rebuy 1.7 mil worth of QBID shares.
What are our options?
we have no options, frank is the majority share holder, he can raise the A/S to 1 trillion if he wants to and we cant do anything about it!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Imamonkey, Doc, have you checked with SEC on certain demands you can legaly make?
Tex has a lot of knowledge in dealing with the folks at the SEC, believe it or not they are there to help you..You may get a tip from them on what to ask...
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by milliam: Well, yall already received the news, but here's something funny from the guy I've emailed with over in WA:
"We have not seen another amendment yet. This one was filed November 7, 2005. Based on their history of filing amendments and increasing the capital stock it's just a matter of time."
He quickly followed with another email though:
"I guess I was too quick. I just checked with our front counter and indeed, they just filed the 100 Billion amendment"
This is totally rediculous. Do you think you guys can get an answer about this when you visit Frank in Jan?
Milliam
Anyone else feeling like a mushroom?? Keep em in the dark and feed them ****
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by Dustoff101: Imamonkey, Doc, have you checked with SEC on certain demands you can legaly make?
Tex has a lot of knowledge in dealing with the folks at the SEC, believe it or not they are there to help you..You may get a tip from them on what to ask...
No doubt we will chat with Tex, how about you, maybe you should come to Burbank with us. It would make me feel much safer showing up with a couple of boarders
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
When you go, please find out the value of 1 prefered stock relative to 1 common stock.
Essentially, 1 of Frank's 'prefered' stock could be worth 200 billion 'common' stock, meaning he doesn't have to own 53% of the A/S, he only needs to own one prefered stock.
When he converted his shares to prefered stock, he could have easily issued himself the same number of prefered, and yet had them valued substantially higher than common stock.
Basically, I want to know if owning half of the A/S means owning half of the company, or owning half of 47% of the company.
Posts: 369 | Registered: Dec 2005
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posted
You guys have walked yourself right into the Big Leagues on this one..They will try and apease you right off the bat...Or it could go the other way..
I would expect them to stall you in any case.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Dustoff101: You guys have walked yourself right into the Big Leagues on this one..They will try and apease you right off the bat...Or it could go the other way..
I would expect them to stall you in any case.
Like locking the doors and hanging a out of business sign on them.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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